Bermuda: House Prices, Rents, and Rental Yields

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Last Updated: Feb 05, 2009

Bermuda’s rental yields moderate

			Last Updated: Feb. 05, 2009
BERMUDA - Condos	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
BERMUDA - Condos	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
2 BR	691,673	3,819	6.63%	n.a.	n.a.
3 BR	909,011	4,657	6.15%	n.a.	n.a.
BERMUDA - Houses
3 BR	1,256,560	4,612	4.40%	n.a.	n.a.
4 BR	3,004,139	9,558	3.82%	n.a.	n.a.
Districts researched: The high-end areas are: Tuckers Town area, Point Shares, Fairylands, Harbour Road, and Paget South. Property listings collected are not limited to these areas. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule Note: There are very strict laws applying to Non-Bermudians buying property in Bermuda. Please read the " Buying Guide " section for more details.

Houses in Bermuda have gross rental yields of 6.39% on average, with two-bedroom houses generating the highest gross rental yields at around 6.63%.

Houses are expensive here, and prices of four bedroom houses averaged around US$3 million. Apartments sell for around US$690,000 for two-bedroom units, and US$910,000 for three-bedroom units, respectively.

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